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Bahrain to review Real Estate Boom

The first forum on real estate investment in GCC countries due to be held in Manama on February 7 will review the sector's current boom and future prospects.

The gathering will be organised by the General Secretariat of GCC Chambers of Commerce and Industry's Union and the BCCI in co-operation with several GCC real estate companies, funding establishments and government bodies, said a report in our sister publication the Gulf Daily News.

It aims to study factors behind the real estate boom in GCC countries, analyse future prospects, explore means of averting problems hindering the sector's development and provide a favourable atmosphere to maintain such development.

The three-day gathering will review pivotal issues such as the real estate sector's relationship with other sectors like oil, the hazards and basic structures and components leading to the sector's development as well as the role of investors, executors, consumers and agents.

The volume of the real estate market, fair distribution of revenues, competition, cooperation, mergers, the need to protect consumers, foreign investment in the real estate sector, funding and real estate mortgage market are all on the forum's agenda.(TradeArabia News Service)

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